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About the Listing 85333 - 156887
Rare 11-Unit Investment Opportunity in Chicago's Chatham Neighborhood. Located on the busy 79th Street commercial corridor. Features 11 units, featuring separate living and dining rooms plus additional bonus rooms that can serve as office or flex space. The properties generate approximately $126,600 in current annual gross income, providing stable in-place cash flow with additional upside potential through future rent adjustments. Tenants pay their own electricity and cooking gas, while the owner provides boiler heat, helping maintain predictable operating expenses. The buildings total approximately 13,205 square feet of improvements and benefit from a high-visibility location along one of the South Side's primary commercial corridors, surrounded by neighborhood retail, transportation, and consistent residential demand. This property presents an attractive opportunity for investors seeking stable income, commercial frontage, and long-term value in a growing South Side submarket.
Listing Highlights
Status
Active
Days on Site
67
Property Type
Commercial Sale
MLS ®
12601793
Year Built
1926
Total Square Footage
13,205
Lot/Acreage
0.16
County
Cook
Area
CHI - Chatham
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Window Unit(s)
- Heating: Forced Air,Radiators
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50 x 143
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $21,086
- Taxes w/Assessments: N/A
- Tax/Property ID: 20342010010000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
431 E 79th St Chicago, IL 60619
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